Cgxh New car sales fall for a fifth month as buyers still wary
Monday 19 January 2015 8:34 pmHyperion Insurance Group IPO: Float is on back burner but boss says it will list in futureBy: Express brumate canada KCSShareFacebookShare on FacebookXShare on TwitterLinkedInShare on LinkedInWhatsAppShare on WhatsAppEmailShare on EmailAdd as a preferredsource on GoogleHyperion Insurance Grouprsquo chief executive David Howden has reiterated his commitment to pursuing a stock market listing for the company, but admitted that it is not on the immediate agenda for the group.He made the comments after announcing the international insurance firmrsquo full year results for 2014, which saw revenue increase by 19 per cent from pound;167m to pound;199m.Howden told Cit brumate y A.M. that an IPO clearly isnrsquo;t currently on my agenda.The most important things we need to think about are making successes of the acquisitions we made last year and the RK Harrison merger, he continued. The company bought four companies in 2014, in Finland, Israel, Poland and the US. November 2014 marked Hyperionrsquo twentieth anniversary, and was also the month that the company announced it was in exclusive merger talks with insurance broking group RK Harrison. While Howden could not give a firm date for the deal to complete, he said discussions were going very brumate cup well and everything is on track.This is a very, very important deal for us, he added. It would create a very unique business, the biggest independent Romq Who rsquo switching jobs
Monday 19 July 2010 8:08 pm|Updated:Friday 31 May 2019 2:36 amInternational Power in GDF merger talksBy: KCS-contentShareFacebookShare on FacebookXShare on TwitterLinkedInShare on LinkedInWhatsAppShare on WhatsAppEmailShare on EmailAdd as a preferredsource on GoogleBRITISH energy firm International Power IP confirmed it had revived merger talks with GDF Energy yesterday, sending its share price soaring. The companies have restarted long-running talks over Francersquo GDF buying up n stanley kubek ew shares in IP. Previous talks collapsed in January after the firms failed to agree terms. GDF, already one of the worldrsquo largest utility companies, would become the majority shareholder in an enlarged IP, which would still trade on the London Stock Exchange. It would be classed as a reverse takeover under UK rules. IPrsquo board said in a 103-page statement yesterday that the potential tie-up of some operations outside of Europe warrants consideration given the strategic rationale and potential for synergies as a result of the combination.Neither company has mentioned a pri owala ce, but reports have suggested a deal could be worth pound;6.4bn. IP was keen to stress yesterday the talks are at a very preliminary stage. A prospectus will be issue owala website d in due course, and any deal is still subject to IP shareholder approval. The market signalled its approval yesterday as shares jumped 10.5 per cent to 350.3p. Analysts gave a cautious welcome to the news. Tina Cook from Charles Sta
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